Financial Budgets and Documents

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Financial Budgets and Documents

Financial Budget

At the Regular Board Meeting held on June 24, 2026, the Superior North Catholic District School Board (SNCDSB) approved the 2026-2027 Budget Estimates.

The Board’s 2026-2027 Budget Estimates outline an operating revenue estimated at $27,405,840 million and expenses estimated at $27,420,394 million, and total Capital spending in the amount of $2,685,000 from supported and unsupported funding.

The Board estimates an Average Daily Enrolment (ADE) of 702 elementary students for the 2026-2027 school year. Funding from the Provincial Government represents 85% of budgeted revenue with another 5% from Municipal Governments, 9% from the Federal Government and 1% from other miscellaneous sources.

Quick Facts

School boards operate on a fiscal year that runs from September 1st to August 31st.
Each year, the Ministry of Education provides funds to school boards through a series of grants. Visit the Ministry of Education's website for more information on education funding.
SNCDSB operates 9 elementary schools, currently serving over 700 students.
The majority of the Board's funding allocation is based on student enrolment.
Elementary enrolments are based on Full-Time Equivalent (FTE) enrolments for October 31st and March 31st.
Elementary and secondary FTE enrolment values are averaged to give the annualized Average Daily Enrolment (ADE).

SNCDSB

Catholic Education Centre
17 Cartier Drive
PO Box 610
Terrace Bay ON P0T 2W0

We respectfully acknowledge that we gather today on the traditional and unceded territory of the First Nations peoples. These lands and waterways have been home to Indigenous peoples for countless generations and remain vital to their cultural and spiritual connections. We recognize the deep history, culture, and contributions of the Indigenous peoples who have stewarded this land and continue to do so today. We are committed to advancing truth and reconciliation by integrating Indigenous ways of knowing and being into daily practices, fostering opportunities to learn about First Nations history, and honouring Indigenous voices.